The Global Organic Food Market Is Expected To Grow At A Cagr Close To 15% During The Period 2018-2023, According To Blueweave Consulting.

Global Organic foodmarket is expected to grow at a CAGR over 15% during 2018–2026 in terms of value. This growth is driven by a number of factors such as rise in consumer awareness towards health and food, increasing disposable income, major lifestyle changes among the younger crowd and emerging concerns for environmentalists, etc.

The report focuses on the market dynamics such as drivers and restraints that influence the current nature and future scenario of the said market. The organic agriculture is intended to produce high quality, nutritious food leads to better health and well-being of the consumers. However, the higher cost of the organic food products still make it affordable only to a specific section of the society. In addition to this, the report also provide the detailed analysis of overall industry ecosystem, Porter’s Five Forces analysis, PESTEL analysis, the availability of the raw organic produce across the globe, the regulatory frameworks that are important for the organic food business.

On the basis of the type of food, the market is segmented into Dairy, Bakery products, Fruits & Vegetables, Snacks, Meats/fish & poultry, Sauce & condiment, processed food, packaged food and some other products like Beverages. Based on the channel of distribution, the market is categorized into online channel, Offline channel, Supermarkets and Departmental stores. The report further includes the analysis of these segments across North America, Europe, Asia Pacific, Middle East, and Africa & Latin America along with the qualitative analysis for market estimates that boosts the growth of the global organic food market during the forecast period.

The report also highlights the competitive landscape of the global organic food market that involves the detailed analysis of business overview, the financial performance, strategic decisions taken by the company, key products & offerings, segmental revenue breakup by various regions.

⦁ Global Organic Food Market is expected to grow at a CAGR over 15% during the forecast period, 2018–2026

⦁ Global Organic Food Market, by dairy food type, is accounted over USD 11,100 million in 2017. The market is expected to grow at a CAGR of over 16.6% during the forecast period due to the growing consumer demand for fresh, natural and organic products has ignited a movement in the food industry. Organic dairy sales are growing as the consumers are looking for non-GMO products now-a-days

⦁ Global Organic Food Market by distribution channel is accounted over USD 68,100 million in 2017. The market is expected to grow at a CAGR of over 13% during the anticipated period

⦁ North America is the largest revenue generator for organic food products. It is a developed market with consumers having high purchasing power. Product awareness among consumers is driving the market with a CAGR over 14%

⦁ As per the findings of the research, Fruits and vegetables market has been the largest revenue contributor to the global organic food market as compared to the other products. The growth of organic fruits and vegetables ensure that they have more beneficial nutrients, such as anti-oxidants, they are fresh, use environment-friendly techniques for their farming compared to their traditional counterpart

Research Methodology

Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding on the global aerosol market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants. The primary research was conducted to gain market insights from industry respondents and validate the gathered information through desk research.

BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.

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